Invesco Discovery Mid Cap Growth Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Invesco Discovery Mid Cap Growth Fund held 78 positions with $6.72B in net assets. Its ten largest holdings made up 28.6% of the fund. Its share classes cost 0.67%–1.77% a year. Over the 12 months to May 2026, it returned 32.5%, with dividends reinvested. In 2026 Q3 it added 22 new positions and exited 16.
The Funds investment objective is to seek capital appreciation.
The fund invests at least 80% of assets in mid-capitalization U.S. stocks selected through bottom-up fundamental analysis for above-average growth potential, focusing on companies with industry leadership, market share growth, and strong competitive advantages. The fund may invest up to 20% of assets in companies outside the mid-cap range. Because security selection depends on the portfolio managers' assessment of individual issuers, fund performance will diverge from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
3.60% | $241.42M | 131.2K | $1,840.25 | |
3.58% | $240.23M | 330.1K | $727.77 | |
3.49% | $234.32M | 145.1K | $1,614.41 | |
3.05% | $204.89M | 632.2K | $324.07 | |
FLEXFlex Ltd. | 2.74% | $184.21M | 2.0M | $91.55 |
MTZMasTec, Inc. | 2.54% | $170.67M | 433.1K | $394.05 |
TRPXXInvesco Treasury Portfolio | 2.45% | $164.62M | — | — |
Invesco Private Prime Fund | 2.39% | $160.74M | — | — |
2.37% | $159.36M | 485.1K | $328.49 | |
2.36% | $158.60M | 1.3M | $122.28 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 78 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 96.24% |
| Cash & short-term | 7.09% |
By sector
- Information Technology
- 26.2%
- Industrials
- 26.2%
- Health Care
- 11.5%
- Consumer Discretionary
- 8.5%
- 8 other sectors
- 27.6%
- Information Technology
- 26.2%
- Industrials
- 26.2%
- Health Care
- 11.5%
- Consumer Discretionary
- 8.5%
- Cash
- 6.4%
- Financials
- 6.1%
- Energy
- 5.8%
- International
- 3.2%
- Consumer Staples
- 2.0%
- Materials
- 1.7%
- Communication Services
- 1.5%
- Real Estate
- 1.0%
How it has done
C000209637 share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.90%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
This fund changed legal form during the period shown. The history above is continuous — it spans both eras, and the change is not a gap in reporting.
Fees & fund details
Invesco Discovery Mid Cap Growth Fund is an actively managed U.S. equity fund. 34% of Invesco Discovery Mid Cap Growth Fund’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 96% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.67% – 1.77%
- Portfolio turnover
- 104.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
22 new· the largest 8
16 exited· the largest 8
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